Mergers & AcquisitionsMedium•10 November 2026•
1 min read
KKR and KIC to Acquire Canopius for $2.2 Billion
Key Facts
1A group including KKR and Korea Investment Corporation (KIC) agreed to take full control of specialty insurer Canopius.
2The acquisition deal for the specialty insurer and reinsurer is valued at approximately $2.2 billion.
A group including KKR and Korea Investment Corporation (KIC) agreed to take full control of specialty insurer Canopius. InsuranceAsia News reported that the acquisition deal for the specialty insurer and reinsurer is valued at approximately $2.2 billion.
The investment group is moving to take full control of the specialty insurer following a previous agreement to consolidate ownership. KKR closed at $98.09 on November 9, 2026, having reached a day high of $99.28 and a low of $95.51 during that session.